I can remember the vote in Britain to join; my parents getting to vote. The propaganda to join, the leaflets through the front door. The media was tiny compared to now.x9200 wrote:Somehow I doubt this is the case. It's 40y. Nobody can really rely on such memories for any rational analyses.
Nb. Brexit also won by the votes of less educated people so again, this is some common denominator across probably all the EU countries and the States too. It is more about a failure to address problems of some social groups rather than some dreams to regain the independence.
Germany has no problem exporting automobiles in the face of 10% tariffs (the most likely outcome if the United Kingdom refuses to make EU contributions and refuses freedom of movement, and assuming the U.K. government matches EU tariffs). Heck, Germany has no particular problem exporting lots of cars to China where there's a 25% tariff.JR8 wrote:Are Germany going to stop trading with us, stop selling the UK cars (their largest export market)?
Ouch! But then as a percentage of your overall portfolio and networth, I would imagine it is peanuts. My loss on Friday S$2k, again peanuts compared to my total networth of $S580.JR8 wrote:Blah blah blah - do you think you knew this, and we didn't, last week?
Hahaha
- So out of interest, what is the dreadful fall-out from this going to be for you?
[vs my unrealised loss of c. S$900k on Friday]
In sterling terms Friday was a good day, personally.JR8 wrote:- So out of interest, what is the dreadful fall-out from this going to be for you?
[vs my unrealised loss of c. S$900k on Friday]
I thought you were a LTBH? Where you short? Hedged? or totally out of the markets? Or were you into Gold?BBCWatcher wrote:In sterling terms Friday was a good day, personally.JR8 wrote:- So out of interest, what is the dreadful fall-out from this going to be for you?
[vs my unrealised loss of c. S$900k on Friday]
I know the reasons, I just don't entirely like the way it happened.JR8 wrote:I can remember the vote in Britain to join; my parents getting to vote. The propaganda to join, the leaflets through the front door. The media was tiny compared to now.x9200 wrote:Somehow I doubt this is the case. It's 40y. Nobody can really rely on such memories for any rational analyses.
Nb. Brexit also won by the votes of less educated people so again, this is some common denominator across probably all the EU countries and the States too. It is more about a failure to address problems of some social groups rather than some dreams to regain the independence.
It was all joy and hope, a new golden dawn, simply a friendly trade zone, away from a tumultuous decade [x-ref: ask SMS how things felt back then].
Lift the scales from upon thine eyes
https://www.youtube.com/watch?v=YEdurLNANDA
'BREXIT - The Movie | Why Britain should leave the EU' [1hr11m]
I don't know who makes my laws, neither do you, and even if you do you can't change that. Don't you care about that?
But of course. If there was one person to benefit from it...BBCWatcher wrote:In sterling terms Friday was a good day, personally.
Which will be fun, since Scotland aren't in the EU.BBCWatcher wrote: In new developments:
1. Scotland's First Minister, Nicola Sturgeon, says she will seek immediate, direct talks with the European Commission "to protect Scotland's place in the EU."
Who's he, never heard of him? [notice the problem here, vs democracy?]BBCWatcher wrote: 2. Lord Hill, the United Kingdom's European Commissioner (who also happens to be in charge of financial services), is resigning.
Most people, if they've heard of Latvia don't know where it is. [Perhaps I'm eccentric in having been there].BBCWatcher wrote:Latvia's Valdis Dombrovskis is replacing him.
Hahaa. OMG, behold, Paris the financial behemoth of the future. And they'll do that within the contraints of their legislated max 35-hour working week, oh yes, we shall conquer the world, on 7-hours a day!BBCWatcher wrote:One of the side effects of the "Leave" win is that the Cameron package of negotiated elements is tossed out, immediately. And that includes a financial services nondiscrimination clause that The City fought hard to win. The EU is now free to require financial services firms dealing in euro derivatives and the "repo" market to locate inside the Eurozone, and they're very likely to do that sooner rather than later in order to bring that trading under ECB supervision.
She still thinks she's in charge eh? No wonder she's p'd off. HaBBCWatcher wrote:3. German Chancellor Angela Merkel said the EU has "no need to be particularly nasty in any way." Ha.
Wd40 wrote:I thought you were a LTBH? Where you short? Hedged? or totally out of the markets? Or were you into Gold?
Edit: I got it, I remember you mentioning about investing in global funds. So although S&P 500 fell 3.5%, since Sterling fell 8%, in Sterling terms your portfolio is probably up by more than 2%. Your diversification has really helped.
It's not about you. It's not about skilled migration [people like you]. There is no change. I saw your channelling this earlier, but really, nothing has changed; if anything the sense of 'empire' and 'commonwealth' is only stronger'. Look to the sky, inhale, it's all good.Wd40 wrote:Bloomberg - Brexit Leaders Back Away From Migration Promises After Victory http://www.bloomberg.com/news/articles/ ... -migration
Vote Leave explicitly targeted people concerned about immigration, warning them that millions of Turks were on their way to Britain. The morning after they won Boris Johnson, their leading spokesman and the favorite to succeed David Cameron as prime minister, began backing away from that message.
Users browsing this forum: No registered users and 1 guest